India at 3 percent of global manufacturing compared to China’s 30 percent, says MEA Secretary, Economic Relations. 'Corridor will be essential for trade & supply chains after scale-up'.
US-India Joint Statement validates MoU for the India-Middle East-Europe Economic Corridor. It will be taken forward, albeit under a challenging geopolitical scenario in the Middle East.
The Iran-backed Houthi militants of Yemen have been attacking commercial ships in the Red Sea — a gateway to the trade-critical Suez Canal. This has a direct bearing on India’s energy security.
If you think this is mostly a bit of local bother that will smooth itself out as the dislocations of a reawakening global economy ease off, you might be in for a shock.
With cargoes delayed for weeks, the blockage could unleash a flood of claims by everyone affected, from shipping lines to manufacturers and oil producers.
The 'Ever Given', finally floating on its way again, is in the second class of mega freighters. Next-generation ships with a 20-meter draught would be at constant risk of grounding.
Shipping experts anticipate that the disruption will carry over for months because of schedules being upturned and uneven wave of cargo that will hit ports down the line.
On 26 January 1966, Indira Gandhi delivered a speech that was broadcast over All India Radio. This was her first address to the nation after becoming India’s first woman prime minister.
Premier David Eby, the leader of the minerals- and gas-rich province of British Columbia, spoke with executives at Tata Steel and Reliance Industries on a trade mission to India.
New defence strategy marks clear break from Biden-era Pentagon policy, softening tone on China & Russia, while pushing allies to shoulder more responsibility with less US backing.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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